# Fed Shifts Focus Amid Strong Jobs Data

Page: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/fed-shifts-focus-amid-strong-jobs-data
Text version: https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669/fed-shifts-focus-amid-strong-jobs-data.md
Podcast: [Sydney News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/sydney-news-today-2-min-news-the-daily-news-now-7568669)
Published: 2026-06-08T02:43:13+00:00
Episode link: https://api.fastcast.ai/audio/03b8163d-cda2-4015-b17d-ce17bbe6084d.mp3
Audio file: https://api.fastcast.ai/audio/03b8163d-cda2-4015-b17d-ce17bbe6084d.mp3
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Duration seconds: 99

## Resource

The Fed’s rate-cut hopes just got crushed as a surprise jobs surge of 172,000 in May flipped the script—now markets are pricing in rate hikes instead. New Chair Kevin Warsh, expected to ease policy, is now focused on stubborn inflation, while Trump pushes for cuts. Fed officials are likely to ignore political pressure, using strong employment data as cover to tighten policy. Warsh may also overhaul communication, ditching the “dot plot” and adding market uncertainty. Higher rates threaten big tech valuations, especially AI-driven firms like SpaceX, whose future profits lose appeal in a higher-interest-rate environment. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/b189543a28d622cf

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